Reliance, Bearish trend
Three different charts shows multiple confirmations of the bearish trend
The D point of the previous Harmonic chart at the top side of the chart shows the reversal area and it respects.
A new Harmonic chart is generated and the price moving towards another D point, lower side of the chart
And finally a Bearish Head and Shoulder pattern formed.
In addition to the above observations, RSI bearish divergence respects.
The given information is for STUDY purpose.
The D point of the previous Harmonic chart at the top side of the chart shows the reversal area and it respects.
A new Harmonic chart is generated and the price moving towards another D point, lower side of the chart
And finally a Bearish Head and Shoulder pattern formed.
In addition to the above observations, RSI bearish divergence respects.
The given information is for STUDY purpose.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.